Hangzhou Heshun Technology Co., Ltd
Initial public offering and listing on GEM
Suggestive announcement of listing announcement
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
With the approval of Shenzhen Stock Exchange, the RMB common shares issued by the company will be listed on the gem of Shenzhen Stock Exchange on March 23, 2022. The full text of the listing announcement and the full text of the prospectus for initial public offering and listing on the gem will be disclosed on the information disclosure website designated by China Securities Regulatory Commission (hereinafter referred to as “CSRC”): cninfo.com, www.cn info. com. cn.； China Securities Network, website: www.cs.com com. cn.； China Securities Network, website: WW cn. stock. com.； Securities Times website, www.stcn.com com.； Securities Daily website, www.zqrb.com cn.； Economic reference network, website: www.jjckb.com cn.； QR code of the website: cninfo, for investors to check.
1、 Listing overview
(I) stock abbreviation: Heshun Technology
(II) Stock Code: 301237
(III) total share capital after IPO: 80000000 shares
(IV) number of initial public offering shares: 20000000 shares. This issuance is all new shares without transfer of old shares.
2、 Risk tips
The company’s shares will be listed on the growth enterprise market of Shenzhen Stock Exchange, which has high investment risk. GEM companies have the characteristics of unstable performance, high operation risk and high delisting risk, and investors are facing greater market risk. Investors should fully understand the investment risks of the gem and the risks disclosed by the company
The issuing price of this offering is 56.69 yuan / share, which does not exceed the price quoted by offline investors after excluding the highest quotation
Median and weighted average and securities investment base established through public offering after excluding the highest quotation
The national social security fund and the basic endowment insurance fund are established in accordance with the measures for the administration of enterprise annuity funds
Established enterprise annuity fund and insurance fund quotation in line with the provisions of the measures for the administration of the use of insurance funds
Number, weighted average, whichever is lower.
According to the guidelines for Industry Classification of listed companies (revised in 2012) issued by China Securities Regulatory Commission, the issuer’s Bank
The industry is “rubber and plastic products industry (C29)”. China Securities Index Co., Ltd. on March 9, 2022 (T-3)
The average static P / E ratio of the industry in the latest month was 25.20 times.
As of March 9, 2022 (T-3), the valuation levels of comparable listed companies are as follows:
In 2020, deduct the static P / E corresponding to the T-3 day shares deducted in 2020. The static P / E securities corresponding to the T-3 day shares deducted in 2020 are referred to as stock code. The closing price rate of non front EPS and non back EPS tickets (Times) – the rate before deduction (Times) – the rate after deduction (yuan / share) (yuan / share) (yuan / share) (2020) (2020)
Jiangsu Yuxing Film Technology Co.Ltd(300305) Jiangsu Yuxing Film Technology Co.Ltd(300305) . SZ 0.5409 0.4392 14.77 27.31 33.63
Sichuan Em Technology Co.Ltd(601208) Sichuan Em Technology Co.Ltd(601208) . SH 0.1954 0.1619 13.10 67.04 80.91
Ningbo Solartron Technology Co.Ltd(688299) Ningbo Solartron Technology Co.Ltd(688299) . SH 0.6206 0.5508 21.23 34.21 38.54
Aerospace Ch Uav Co.Ltd(002389) Aerospace Ch Uav Co.Ltd(002389) . SZ 0.2748 0.2042 19.15 69.69 93.78
Average 49.56 61.72
Data source: wind information, data as of March 9, 2022
Note 1: if there is mantissa difference in the calculation of P / E ratio, it is caused by rounding;
Note 2: EPS before / after deduction of non recurring profit and loss in 2020 = net profit attributable to the parent before / after deduction of non recurring profit and loss in 2020 / total share capital on T-3 day;
The issue price is 56.69 yuan / share, which is lower before and after deducting non recurring profits and losses of the issuer in 2020
The diluted P / E ratio of is 62.39 times, which is higher than the industry average in the latest month released by China Securities Index Co., Ltd
The static P / E ratio is higher than the average static P / E ratio of comparable companies in 2020, which is lower than before / after deduction. There is a problem of issuance
The risk that future stock price falls will bring losses to investors.
The issuer’s production was affected by the substantial increase in the scale of net assets due to the acquisition of raised funds
Business model, business management and risk control ability, financial status, profitability and long-term interests of shareholders
Risk of significant impact. The issuer and the recommendation institution (lead underwriter) shall draw investors’ attention to investment risks and review
Carefully study and judge the rationality of issue pricing and make investment decisions rationally.
The company reminds investors to pay attention to the investment risks in the initial stage of IPO (hereinafter referred to as “new shares”), and investors should fully understand the risks and rationally participate in the trading of new shares.
3、 Contact information
(I) issuer: Hangzhou Heshun Technology Co., Ltd
Legal representative: fan Heqiang
Contact address: room 512, floor 5, building 1, No. 11, Liangzhan Road, Renhe street, Yuhang District, Hangzhou, Zhejiang Province
Contact: Xie Xiaorui
Tel: 05718631 8555
Fax: 05718632 2798
(II) recommendation institution (lead underwriter): Dongxing Securities Corporation Limited(601198)
Legal representative: Wei Qinghua
Contact address: 12th and 15th floors, No. 5 Financial Street, Xicheng District, Beijing (Xinsheng building)
Sponsor representatives: Zhong Lang, Mao haolie
Tel: 01066553417, 01066553472
(there is no text on this page, which is the seal page of the suggestive announcement of the listing announcement of Hangzhou Heshun Technology Co., Ltd. on its initial public offering and listing on the GEM)
Issuer: Hangzhou Heshun Technology Co., Ltd. (this page has no text, which is the seal page of the suggestive announcement of the listing announcement of Hangzhou Heshun Technology Co., Ltd. on its initial public offering and listing on the GEM)
Sponsor (lead underwriter): Dongxing Securities Corporation Limited(601198) mm / DD / yyyy
